Spinaroo Commercial IPO description – Spinaroo Commercial specializes in the production of aluminum foil containers, aluminum home foil, paper cups, paper plates, and paper bowls. The company also manufactures semi-processed materials for paper cups, including paper coating, printing, and blanking. Additionally, Spinaroo Commercial offers a comprehensive range of paper cup machinery, such as high-speed paper cup-making machines, flexo printing machines, and automatic roll die-cutting machines, providing complete end-to-end support.
The company operates two strategically located manufacturing facilities within the Jalan Industrial Complex in Kolkata, Howrah. Spinaroo Commercial serves a diverse clientele across 12 states and 2 Union Territories in India. In the eastern region, its client base includes West Bengal, Tripura, Chhattisgarh, Bihar, Jharkhand, Assam, and Odisha. The company’s reach extends to the central and northern regions, covering Delhi, Haryana, and Uttar Pradesh, as well as the western states of Gujarat and Rajasthan. Additionally, Spinaroo Commercial has expanded its presence to the Andaman & Nicobar Islands, reaching beyond the mainland.
As of 31 October 2024, the company employs a total of 35 employees.
Promoters of Spinaroo Commercial – Mr. Amit Sultania, Mr. Aditya Todi, and Mrs. Mridula Todi
Table of Contents
Spinaroo Commercial IPO Details
| Spinaroo Commercial IPO Dates | 28 March – 3 April 2025 |
| Spinaroo Commercial Issue Price | INR 51 per share |
| Fresh issue | 19,94,000 shares (INR 10.17 crore) |
| Offer For Sale | NIL |
| Total IPO size | 19,94,000 shares (INR 10.17 crore) |
| Minimum bid (lot size) | 2,000 shares (INR 1,02,000) |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | BSE SME |
Spinaroo Commercial Financial Performance
| FY 2022 | FY 2023 | FY 2024 | H1 FY 2025 | |
| Revenue | 47.44 | 53.13 | 40.84 | 21.02 |
| Expenses | 45.28 | 50.93 | 38.19 | 19.69 |
| Net income | 0.52 | 0.93 | 1.40 | 0.61 |
Spinaroo Commercial Offer News
- Spinaroo Commercial RHP
- Spinaroo Commercial Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- Highest SME IPO Subscription in 2024
Spinaroo Commercial Valuations & Margins
| FY 2022 | FY 2023 | FY 2024 | |
| EPS | 1.04 | 1.86 | 2.80 |
| PE ratio | – | – | 18.21 |
| RONW (%) | 14.03 | 20.10 | 23.23 |
| NAV | 7.40 | 9.26 | 12.06 |
| ROCE (%) | 32.08 | 27.47 | 37.58 |
| EBITDA (%) | 4.57 | 4.13 | 6.48 |
| Debt/Equity | 2.43 | 1.82 | 1.25 |
Spinaroo Commercial IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| Coming soon | – | – | – |
Spinaroo Commercial IPO Subscription – Live Updates
Coming soon
The market maker reservation portion of shares is not included in the above calculations.
Spinaroo Commercial IPO Allotment Status
Spinaroo Commercial IPO allotment status will be available on Cameo Corporate Services’ website. Click on Cameo Corporate Services weblink to get allotment status.
Spinaroo Commercial IPO Dates & Listing Performance
| IPO Opening Date | 28 March 2025 |
| IPO Closing Date | 3 April 2025 |
| Finalization of Basis of Allotment | 4 April 2025 |
| Initiation of refunds | 7 April 2025 |
| Transfer of shares to demat accounts | 7 April 2025 |
| IPO Listing Date | 8 April 2025 |
| Opening Price on BSE SME | Coming soon |
| Closing Price on BSE SME | Coming soon |
Spinaroo Commercial Offer Lead Manager
FINSHORE MANAGEMENT SERVICES LIMITED
Anandlok Building, Block-A, 2nd Floor, Room No. 207, 227
A.J.C Bose Road, Kolkata-700020, West Bengal, India
Phone: 033 – 2289 5101 / 4603 2561
Email: info@finshoregroup.com
Website: www.finshoregroup.com
Spinaroo Commercial Offer Registrar
CAMEO CORPORATE SERVICES LIMITED
“Subramanian Building”, No. 01, Club House Road,
Mount Road, Chennai – 600 002, Tamil Nadu
Phone: +91-44-40020700 / 28460390
Email: ipo@cameoindia.com
Website: www.cameoindia.com
Spinaroo Commercial Contact Details
SPINAROO COMMERCIAL LIMITED
Jalan Industrial Complex Gate-1, Right Lane-6,
P.O. Jangalpur, Begri Gram Panchayat,
Howrah- 711 411, West Bengal, India
Phone: +91 96747 03249
E-mail: compliance@spino.co.in
Website: www.spino.co.in
IPO FAQs
What is Spinaroo Commercial offer size?
Spinaroo Commercial’s offer size is INR 10.17 crores.
What is the Spinaroo Commercial offer price band?
Spinaroo Commercial public offer price is INR 51 per share.
What is the lot size of the Spinaroo Commercial IPO?
Spinaroo Commercial offer lot size is 2,000 shares.
What is Spinaroo Commercial IPO GMP today?
Spinaroo Commercial IPO GMP today is INR NA per share.
What is Spinaroo Commercial kostak rate today?
Spinaroo Commercial kostak rate today is INR NA per application.
What is Spinaroo Commercial IPO Subject to Sauda rate today?
Spinaroo Commercial Subject to Sauda rate today is INR NA per application.